To make broadband a core utility to citizens, the Telecom Regulatory Authority of India (TRAI) has recommended to the Government of India to implement BharatNet in the PPP mode to connect 250,000 gram panchayats across the country.
Author: admin (Infratructure Today)
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Mitsubishi Corp to be part of Europe’s largest battery storage project in Germany
Mitsubishi Corporation (MC) has announced that it will be working through Enspire ME, a fifty-fifty joint venture established between MC and Eneco, an integrated energy company from the Netherlands, to provide services based on a large-scale battery energy storage system (BESS).
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CITIC Investment Co delivers China Zun Tower in an innovative factory setting
China Zun Tower, part of the rejuvenation of BeijingÂ’s Central Business District (CBD), is a symbol of the countryÂ’s national identity. The skyscraper will be home to CITIC Group and CITIC Bank headquarters and attract international financial institutions and top 500 enterprises of China to Beijing.
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JICA to provide Rs 2,000-cr loan for Chennai Metro
Japan International Cooperation Agency (JICA) has extended an Official Development Assistance (ODA) loan of around Rs 2,000 crore for the fifth phase of the Chennai Metro Project. It also extended a loan of around Rs 1,300 crore for the second phase of Tamil Nadu Investment Promotion Programme.
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JICAÂ’s Rs 400-crore loan to clear traffic on Delhi Expressway
Japanese lending arm JICA will provide Rs 400 crore loan to India for computerised traffic control on the under-construction Delhi eastern peripheral highway linking Haryana.
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Real-estate players developers welcome GST implementation
Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.
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New Rs 1,000-cr terminal to come up at Guwahati airport
Assam Industry Minister, Chandra Mohan Patwary has said that the Union Civil Aviation Ministry is planning to pump in Rs 1,000 crore for creation of a new passenger and cargo terminal at Guwahati airport.
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Adani’s Carmichael coal mine in Australia secures water licence
Adani Australia's controversial $21-billion Carmichael coal mine has been granted an unlimited 60-year water license, in a move slammed by environmental and legal groups.
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Goyal lays stress on coal sector achieving cost effectiveness
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, presided over the inaugural session of the day-long Workshop on ‘Quality of Coal’ as Chief Guest in New Delhi. The workshop included brainstorming and technical sessions among the stakeholders of the coal and power sectors to bring in greater efficiency and self-sufficiency in the two sectors in India.
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Odisha to build 100,000 houses for urban poor by 2022
Odisha is planning to build one lakh houses for economically weaker sections (EWS) and lower income groups (LIG) by 2022 under the policy of ‘Housing for All in Urban Areas’, according to Housing and Urban Development (H&UD) Minister Pushpendra Singhdeo.